NOTICE IS HEREBY GIVEN that the Village of Prairie du Sac will hold a Joint Review Board meeting on September 9, 2024, at 11:30 AM.
The meeting will be held at the Prairie du Sac Village Hall, located at 335 Galena St. (https://meet.google.com/aph-nwen-kmt).
The purpose of the meeting is to organize the Joint Review Board for consideration of the Village’s proposal to amend Tax Incremental District No. 5.
The Joint Review Board will also review the annual reports and the performance and status of each Tax Incremental District governed by the Joint Review Board as required by Wis. Stat. § 66.1105(4m)(f).
The meeting will be held at the Prairie du Sac Village Hall, located at 335 Galena St. (https://meet.google.com/ung-xhrb-bgh).
The hearing will be held to provide the public a reasonable opportunity to comment on the proposed amended boundaries of Tax Incremental District No. 5, and the proposed amendments to its Project Plan.
The proposed amendment would add territory to the District as permitted under Wisconsin Statutes Section 66.1105(4)(h)2. The District’s proposed amended boundary is identified on the map included in this Notice.
Based on the planned use of properties within its boundaries at time of creation, territory within the District was previously identified as suitable for mixed use development.
Projects to be undertaken within the District and costs to be incurred (Project Costs) will continue to be for the purpose of promoting mixed use development and may include acquisition of property, rights of way or easements, site preparation, installation or rehabilitation of utilities and streets, payment of cash grants as development incentives to owners, lessees, or developers of land located within the District, professional services and organizational costs, administrative costs, financing costs and other costs as may be necessary to implement the District’s Project Plan. Projects may be undertaken within the District’s proposed boundary and in areas located in the Village within ½ mile of that boundary.
As permitted under Wisconsin Statutes Section 66.1105(4)(h)1., the list of estimated Project Costs in the current Project Plan would be amended and increased by approximately $9,450,000.
All interested parties will be given a reasonable opportunity to comment on the proposed amended boundaries of the District and the proposed amendments to its Project Plan. A copy of the proposed amendment to the District’s Project Plan, including a description of the proposed amended boundary is available for public inspection and will be provided on request during normal business hours at the office of the Village Clerk at the Prairie du Sac Village Hall, located at 335 Galena St.
Project Plan Amendment - Updated September 6, 2024